Current:Home > NewsMelinda French Gates to donate $1B over next 2 years in support of women’s rights -Elevate Profit Vision
Melinda French Gates to donate $1B over next 2 years in support of women’s rights
View
Date:2025-04-19 02:10:56
Melinda French Gates says she will be donating $1 billion over the next two years to individuals and organizations working on behalf of women and families globally, including on reproductive rights in the United States.
French Gates earlier this month announced she would step down from the Bill & Melinda Gates Foundation, and vowed to focus on women and families.
French Gates, one of the biggest philanthropic supporters of gender equity in the U.S., said Tuesday in a guest essay for The New York Times that she’s been frustrated over the years by people who say it’s not the right time to talk about gender equality.
“Decades of research on economics, well-being and governance make it clear that investing in women and girls benefits everyone,” she wrote.
French Gates touched upon the high maternal mortality rates in the U.S., noting that Black and Native American mothers are at the highest risk.
“Women in 14 states have lost the right to terminate a pregnancy under almost any circumstances. We remain the only advanced economy without any form of national paid family leave. And the number of teenage girls experiencing suicidal thoughts and persistent feelings of sadness and hopelessness is at a decade high,” she said.
French Gates said over the last few weeks she’s started directing new grants through her organization, Pivotal Ventures, to groups working in the U.S. to protect women’s rights and advance their power and influence. The groups include the National Women’s Law Center, the National Domestic Workers Alliance and the Center for Reproductive Rights.
French Gates’ Pivotal Ventures is a limited liability company that also manages investments for profit ventures, so there is little public information about its grantmaking or the assets it manages. Pivotal Ventures has focused on a number of avenues to increase women’s economic and political participation and power, like closing the wage gap, compensating care work often done by women, and encouraging women to run for political office.
Looking ahead, French Gates plans to introduce a $250 million initiative in the fall that will concentrate on improving the mental and physical health of women and girls worldwide.
French Gates will be leaving the Bill & Melinda Gates Foundation next week. She helped co-found the organization nearly 25 years ago.
The Associated Press receives financial support for news coverage in Africa from the Bill & Melinda Gates Foundation and for news coverage of women in the workforce and state governments from Pivotal Ventures.
The Bill & Melinda Gates Foundation will change its name to the Gates Foundation. It is one of the largest philanthropic organizations in the world. As of December 2023, its endowment was $75.2 billion, thanks to donations from Gates and the billionaire investor Warren Buffett. While it works across many issues, global health remains its largest area of work, and most of its funding is meant to address issues internationally rather than in the U.S.
veryGood! (857)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Worried about AI hijacking your voice for a deepfake? This tool could help
- Las Vegas hotel and casino workers reach tentative deals to avoid strike
- Happy Veteran's Day! Watch this Vietnam vet get a salute runway in honor of her service
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Humane societies probe transfer of 250 small animals that may have later been fed to reptiles
- What are healthy Thanksgiving side dishes? These are options you'll want to gobble up.
- Slipknot's ex-drummer Jay Weinberg hints at firing, says he's 'heartbroken and blindsided'
- Former longtime South Carolina congressman John Spratt dies at 82
- GOP hopeful Chris Christie visits Israel, says the US must show solidarity in war against Hamas
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Boise State fires coach Andy Avalos amid third straight season with at least four losses
- Former NFL cornerback D.J. Hayden and 5 others killed in crash in downtown Houston
- Who will Texas A&M football hire after Jimbo Fisher? Consider these candidates
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Humane societies probe transfer of 250 small animals that may have later been fed to reptiles
- US conducts airstrikes against Iran-backed groups in Syria, retaliating for attacks on US troops
- Savannah Chrisley Explains Why Dad Todd Chrisley Is Very Against Meeting Her New Boyfriend
Recommendation
The company planning a successor to Concorde makes its first supersonic test
No. 1 Georgia deserves the glory after the Bulldogs smash No. 10 Mississippi
US conducts airstrikes against Iran-backed groups in Syria, retaliating for attacks on US troops
Who will Texas A&M football hire after Jimbo Fisher? Consider these candidates
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
What's shocking about Texas A&M paying Jimbo Fisher $77M to go away? How normal it seems
Protestors will demonstrate against world leaders, Israel-Hamas war as APEC comes to San Francisco
Former NFL cornerback D.J. Hayden among 6 dead after car accident in Houston